STARTING A HOBBY FARM ENTERPRISE

When stones are visible on the farm, this is a sign that the soil is shallow and not suitable for most crops. This photo was taken not far from my hobby farm

These fences are collected from the paddocks and are a sign that soils lack depth and not suitable for crops. This photo was taken near my hobby farm

When very tall trees are present, this is a good sign in that the soils are deep and usually good for crops. This photo was taken a few hundred metres from my hobby farm

A sturdy fence is needed in order to keep animals secure

Animals kept in exposed situations need to have shelter provided. This photo was taken near my hobby farm in our local region

The idea of developing a new and often novel hobby enterprise can lead to much excitement and frenetic activity soon after purchasing the farm. Driven by adrenalin it is easy to get carried away, rushing into activities before sufficient planning and research is completed.

Experience Is Important

In most cases the availability of money is an important issue and hence rushing forward can be a costly affair.

Unless one has had considerable experience working in a chosen field, for example - a plant nursery worker may have run and operated a business for the owner for many years and be fully prepared to establish such an enterprise on the farm, one should approach any new enterprise with caution.

Be Prepared For Hard Work

Quite often an enterprise will be developed slowly and worked on weekends or after retirement from a full time job. Commencing on a small scale is also a wise option as less money is risked should the enterprise fail.

Since there is an endless array of possible enterprises, generalizations need to be made, however, the basics will always apply;

Budget For Initial Investments

Plants need to be matched to their physical requirements such as soil or the growing media, climate, water quality and availability, wind and extremes of temperature. The type crop harvested often needs treatment if highly perishable and extra labour may be needed during harvest periods. Aspects related to packaging, storage, transport and marketing must be investigated. Pest and disease control is often an expensive and time-consuming requirement when dealing with issues related to birds, flying foxes, vermin and insect damage. Initial plantings for fruit crops are usually expensive and it will take several years before crops are produced. Not being aware of suitable plant varieties and plant culture can be expensive and time consuming.

Market Condition And Competition

Research regarding the supply and number of local or overseas competitors growing a similar crop should be undertaken. Nothing is more disheartening than to receive a return way below the cost of production simply because there is a market glut at the time. Be it fruit, vegetables, herbs, exotic spices and essences, native bush food products, plants or fresh flowers the same marketing principles apply. The distance from markets can also be an important factor - should you want to set up a farm stall, then passing trade is needed and time is required dealing with customers who want to chat for long periods.

Local Regulations And Law Compliance

Animal production has its own unique and general requirements. State and local council laws need to be checked and often issues such as noise and odours need to be dealt with. Animals generally require closer attention than most plants; holidays and time away may require the cooperation of family, friends or employees. Medicines and vaccines are usually expensive and large animals can cost a great deal should the vet be needed. Livestock can be attacked by wild and domestic dogs, snakes, people or may even be stolen. Fencing and housing are important factors that need to be taken into account.

Logistics, Marketing And Other Considerations

Transport and marketing issues will also need investigation as with plants.

Once the research is done then issues such as insurance and the availability of capital need to be resolved, not to mention you general health and determination to overcome obstacles. An ability to negotiate change and unforeseen circumstances is required. Being creative and able to deal with people and government agencies will be a great bonus. Having completed the research, you will be in a great position to make informed decisions.

Remember, some people have become quite successful having started out with a small enterprise on a hobby farm

Wishing you every success, and the best of luck!